275.380 Laws governing foreign limited liability company.

141 words·~1 min read·/ky/chapter-275/275-380

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Subject to the Constitution of this Commonwealth:

(a)The laws of the state or other jurisdiction under which a foreign limited

liability company is organized shall govern its organization and internal

affairs, including the inspection of the books, records, and documents, and the

liability of its members, except as provided in subsection

(2)of this section;

and

(b)A foreign limited liability company shall not be denied registration by reason

of any difference between the laws of another jurisdiction under which a

foreign limited liability company is organized and the laws of this

Commonwealth.

(2)A certificate of authority obtained pursuant to this chapter shall not authorize a

foreign limited liability company to exercise any powers or engage in any business

that a domestic limited liability company is forbidden to exercise or engage in by

the laws of this Commonwealth.